The court has jurisdiction to compel a fiduciary or the fiduciary or successor of any deceased fiduciary at any time to deliver any of the property of the estate which has come into his possession or is under his control and if it be delivered over after a decree must allow such credit upon the decree as justice shall require.

Terms Used In N.Y. Surrogate's Court Procedure Law 2214

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiduciary: A trustee, executor, or administrator.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.

2. The court has jurisdiction when a fiduciary has died, absconded, become incompetent, has been removed or his letters have been revoked to direct him or any person, firm or corporation having possession or control of any property belonging to the estate to deliver it to the court or a successor appointed by the court or as directed by the decree made pursuant to 2207 or CPLR 2510.